Directional Drilling and Utility Construction Company
Off-MarketJohnstown, OH
Directional Drilling And Utility Construction Company
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$2,200,000
$500,000
22.7%
2008
Past 24h
Customers
Utility construction company specializing in directional drilling for telecommunications and fiber optic companies in Ohio. The company performs directional drilling as part of larger telecommunications infrastructure projects, leaving other aspects like splicing and aerial work to specialized subcontractors.
Customer Acquisition
Customer acquisition is primarily inbound-driven, with some bidding on projects alongside other companies that handle the broader scope of work.
Team
Typically around 12 W2 employees, but fluctuates based on project needs.
Owner's Role
The owner handles all office work and administrative duties and recently reassumed these responsibilities after a manager departure three to four months ago. He remains involved in field operations.
Reason for Selling
The owner has young children he's looking to spend more time with, and also wants to focus fully on real estate development.
Contracts
Project durations vary from single-day maintenance work to multi-month or multi-year engagements like current fiber-to-home projects. Maintenance work for prime providers represents ongoing revenue, with the company handling the drilling component of broader infrastructure maintenance contracts.
Real Estate
Owns 1.6 acres with a 2,000 square foot shop and laydown yard, held through a separate company entity and leased back to the operating company. Open to selling, but preference is to retain the real estate. Also has a few million dollars worth of equipment.
When Are You Looking to Sell
ASAP
Licenses Required
No licensing is required to operate the business beyond standard insurance. A commercial driver's license (CDL) would be useful for new ownership to handle equipment transportation, though this can be contracted out at additional expense.
Business ID: 2019
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